Friday, April 27, 2012

Reuters: Global Markets: FDA approves Vivus drug for erectile dysfunction

Reuters: Global Markets
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FDA approves Vivus drug for erectile dysfunction
Apr 27th 2012, 18:16

WASHINGTON | Fri Apr 27, 2012 2:16pm EDT

WASHINGTON (Reuters) - U.S. health regulators on Friday approved Vivus Inc.'s avanafil treatment for erectile dysfunction, giving the small company, which has struggled to bring a weight loss drug to market, a potentially lucrative commercial product.

The U.S. Food and Drug Administration said the pill, which will compete with Pfizer's Inc's Viagra and other ED drugs, will be sold under the brand name Stendra.

Vivus shares were up 4.5 percent to $25.53 on Nasdaq.

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